Optimal Development Policies with Financial Frictions
收藏NBER2014-03-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w19994
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资源简介：
We study optimal dynamic Ramsey policies in a standard growth model with financial frictions. For developing countries with low financial wealth, the optimal policy intervention increases labor supply and lowers wages, resulting in higher entrepreneurial profits and faster wealth accumulation. This
提供机构：
美国国家经济研究局
创建时间：
2014-03-01
